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Texas oil lease

Producing

RATLIFF & BEDFORD

Ratliff & Bedford is an oil lease in Andrews County, Texas, operated by Hilcorp Energy Company in the Three Bar (Wichita) field.

1 well

6,336bbl oil, last 12 months−22% vs prior year
RRC lease
08-45550

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
1,323 mcf
Oil in Jul 2026
395 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Hilcorp Energy Company took over from Occidental Permian Ltd. in May 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for RATLIFF & BEDFORD, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 6,336 bbl in the 12 months through Jul 2026, against 8,118 bbl in the 12 months before.Last 12 months: 6,336 bblbbl per monthmcf per month002501005002007503001,0004001,250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for RATLIFF & BEDFORD, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 6,336 bbl in the 12 months through Jul 2026, against 8,118 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501005002007503001,0004001,250500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.3% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of RATLIFF & BEDFORD gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.3% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of RATLIFF & BEDFORD gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.3% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 5.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 1,602 mcf

  • Flared (4)

    0.6% · 10 mcf

0.6% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in May 2026

Operators of this lease over timeOccidental Permian Ltd., Jan 2020 to Apr 2026; Hilcorp Energy Company, May 2026 to Jul 20262020202120222023202420252026Changed May 2026Occidental Permian Ltd.Jan 2020 to Apr 2026Hilcorp Energy CompanyMay 2026 to now
Operators of this lease over timeOccidental Permian Ltd., Jan 2020 to Apr 2026; Hilcorp Energy Company, May 2026 to Jul 20262020202120222023202420252026Changed May 2026Occidental Permian Ltd.Jan 2020 to Apr 2026Hilcorp Energy CompanyMay 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RATLIFF & BEDFORD
API numberWell no.Status
42-003-4729248HZActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oasis Transp & Marketing Corp.OilGathers100May 1, 2026–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Bridger Transportation, LLCOilGathers100Jul 28, 2014May 1, 2026

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

4,820 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Ratliff & Bedford
API numberWell no.Acreson the permit
42-003-38631464,820
42-003-0512123W4,820
42-003-38644474,820
42-003-4729248HZ4,820
42-003-05111134,820
42-003-05124264,820

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for RATLIFF & BEDFORD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hilcorp Energy3953911781780$80.46$2.89
Jun 2026Hilcorp Energy42643318717710$84.81$3.15
May 2026Hilcorp Energy507500550$102.13$2.94
Apr 2026Occidental Permian433439000$100.32$2.77
Mar 2026Occidental Permian57457210100$91.38$3.04
Feb 2026Occidental Permian50450784840$64.51$3.62
Jan 2026Occidental Permian53253584840$60.04$7.72
Dec 2025Occidental Permian675675000$57.97$4.26
Nov 2025Occidental Permian447443000$60.06$3.79
Oct 2025Occidental Permian5205303893890$60.89$3.19
Sep 2025Occidental Permian6936903863860$63.96$2.97
Aug 2025Occidental Permian630640000$64.86$2.91
Jul 2025Occidental Permian598606000$68.39$3.20
Jun 2025Occidental Permian592576000$68.17$3.02
May 2025Occidental Permian722713880$62.17$3.12
Apr 2025Occidental Permian75477015150$63.54$3.42
Mar 2025Occidental Permian68368648480$68.24$4.12
Feb 2025Occidental Permian6606642182180$71.53$4.19
Jan 2025Occidental Permian680657770$75.74$4.13
Dec 2024Occidental Permian59157727726314$70.12$3.01
Nov 2024Occidental Permian62964822221111$69.95$2.12
Oct 2024Occidental Permian7307382982980$71.99$2.20
Sep 2024Occidental Permian8108141861860$70.24$2.28
Aug 2024Occidental Permian6696551921911$76.68$1.99
Jul 2024Occidental Permian37036348462$81.80$2.07
Jun 2024Occidental Permian7017083223175$79.77$2.54
May 2024Occidental Permian7467502722711$80.02$2.12
Apr 2024Occidental Permian6977113323320$85.35$1.60
Mar 2024Occidental Permian85283095950$81.28$1.49
Feb 2024Occidental Permian759808000$77.25$1.72
Jan 2024Occidental Permian949918440$74.15$3.18
Dec 2023Occidental Permian1,0801,07921210$71.90$2.52
Nov 2023Occidental Permian353333000$77.69$2.71
Oct 2023Occidental Permian530539000$85.64$2.98
Sep 2023Occidental Permian75978814140$89.43$2.64
Aug 2023Occidental Permian897916000$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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